Anil Panchal

FXStreet

US Commerce Secretary Raimondo discusses challenges faced by American businesses with China ambassador

By: Anil Panchal

Late Tuesday, Reuters quotes the US Commerce Department’s statement saying, “US Commerce Secretary Gina Raimondo met with Chinese Ambassador Xie Feng

FXStreet

Gold Price Forecast: XAU/USD rebound appears frail below $1,910, PMI in focus

By: Anil Panchal

Gold Price (XAU/USD) portrays an upward grind around the $1,900 threshold, approaching the $1,910 resistance confluence, as market players brace for m

FXStreet

New Zealand Q2 Retail Sales improves to -1.0% QoQ, NZD/USD drops towards 0.5950 on downbeat ex Autos data

By: Anil Panchal

Early Wednesday in Asia, the Statistics New Zealand released the quarterly Retail Sales data for the second-quarter (Q2) of 2023. As per the details,

FXStreet

AUD/USD ignores downbeat Australia PMI to edge higher past 0.6400 amid US-China trade optimism

By: Anil Panchal

AUD/USD holds onto the previous gradual recovery despite witnessing softer Australia activity data for August, picking up bids to 0.6430 amid early We

FXStreet

USD/MXN Price News: Mexican Peso prints six-day uptrend near 16.90 on upbeat options market signals

By: Anil Panchal

USD/MXN remains on the back foot around 17.10 as it pares the weekly gains after declining in the last two consecutive days. It’s worth noting, howeve

FXStreet

GBP/JPY: Mildly offered below 186.00 on upbeat Japan data, pullback in yields ahead of UK PMI

By: Anil Panchal

GBP/JPY holds lower grounds near 185.50 as it defends the previous day’s U-turn from the multi-year high after witnessing upbeat data from Japan, as w

FXStreet

S&P500 Futures recover, yields extend pullback from multi-year high as traders brace for PMI amid China hopes

By: Anil Panchal

The risk appetite improves on early Wednesday as the headlines surrounding the US-China ties join the market’s positioning for the preliminary reading

FXStreet

EUR/USD braces for PMI data with mild gains near 1.0850 as US Dollar traces softer yields

By: Anil Panchal

EUR/USD picks up bids to pare the biggest daily loss in a month, marked the previous day, as markets brace for the top-tier EU/US data on early Wednes

FXStreet

USD/JPY clings to mild losses below 146.00 on softer yields, upbeat Japan PMI ahead of US data

By: Anil Panchal

USD/JPY holds lower grounds near the intraday bottom, sidelined around 146.60-70 during early Wednesday morning in Europe, as market players seek more

FXStreet

USD/CAD drops towards 1.3500 as Oil price recovers, focus on US PMI, Canada Retail Sales

By: Anil Panchal

USD/CAD holds lower grounds near 1.3540 while portraying a sluggish weekly move heading into Wednesday’s European session. The Loonie pair clings to m